1 Calculate The Total Amount Of Account Receivable Ageing 61 90 Days 90 Days 0 30 Days 6 000 31 60 Days 2 000 Custome 1 (54.26 KiB) Viewed 127 times
1 Calculate The Total Amount Of Account Receivable Ageing 61 90 Days 90 Days 0 30 Days 6 000 31 60 Days 2 000 Custome 2 (54.26 KiB) Viewed 127 times
1. Calculate the total amount of account receivable ageing: 61.90 days 90+ days 0-30 days 6,000 31-60 days 2,000 Customer A B с Total Estimated bad debt Total accounts receivable 15,000 7,000 9,000 41,000 10,000 6,000 2,000 12% 10,000 20% 22.000 22,000 35% 2% 2. Calculate the depreciation expense with the 4 depreciation methods for a piece of equipment that cost 50,000, with an estimated useful life of 4 years, and a zero-salvage value. What would be the ending book value with the double declining depreciation? The total unit of production are of 100 million and production of units are of 3 millions for year one, 15 millions for year two, 3 millions for year three and 32 millions for year 4. 3. If total liabilities are 2,500 and total shareholder's equity are 7,500, what is the amount of total assets? 4. Calculate the retained earnings considering the following financial information: Beginning retained earnings: 75,000 Net income for the year: 135,000 Dividends paid 23,000 5. Present the below balance sheet with the common size method: Assets 2020 Current assets Total cash 17.000 Inventories 11.000 Prepaid expenses 1.000 Accounts receivable 12.000 Total current assets 41.000 Non-current assets Property, plant and equipment 20.000 Goodwill 130,000 Total assets 191.000 Liabilities and stockholder's equity Current liabilities Accounts payable 28.000 Salaries payable 23.000 Accrued expenses 17.000 Total current liabilities 68.000 Long-term debt 51.000 Shareholder's equity 72.000 Total liabilities and stockholder's equity 191.000
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